Question

Morehead county had advertised a bid to remodel offices. Two contractors submitted identical bids ($10,000), in...

Morehead county had advertised a bid to remodel offices. Two contractors submitted identical bids ($10,000), in this case the company may:

a. Choose the contractor with prior experience in remodeling

b. Advertise the project again

c. Divide the project between the two contractors

d. Award the project to whom the county worked with before

Homework Answers

Answer #1

a) Choosing the contractor with prior experience in modelling - This option is the best way to choose between a tied bid between contractors , this will lead to an experienced contractor getting the bid .

b)Advertise the project again- This option can be taken in surplus of time , when re-advertisement is done , the bids will be much lower most likely.

c)Divide the project between two contractors - In a large scale project , the project would be suitable to be divided but for this remodelling project , it is best not to divide.

d) Awarding the project to whom the company worked before - This will be subjective to how the contractor has done the previous project .

The best option would be a)

I hope I was able to answer your question,if you have any doubt , please let me know in the comment section.

If you like this answer , please upvote it , Have a nice day:)

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